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Re: None

Friday, 03/09/2012 9:10:24 AM

Friday, March 09, 2012 9:10:24 AM

Post# of 118202
This quarter will probably be flat (break even) due to various factors such as getting the machinery to operate efficiently and the small accident.

Plus I don't think this quarter will take into account all 8 geotextile tubes operating as we were still operating on 4 at the end of Q4 2011.

I think Q2 of 2012 will be the one for PCFG.

The key to PCFG success is $2000+ gold and finding the sweet spots in the ground which I suspect is what they are doing. The gold is not evenly distributed over the mine. Turning a small profit isn't enough to make the share price pop. We need really good numbers.

Remember when PCFG invested its initial $5 million years ago the business plan was for $700 gold.

Q3 and Q4 with the permitted expansions, all 8 tubes operating & higher gold prices should see PCFG in a very comfortable and profitable position, with extra cash to expand mining operations even further. We may even touch $2500 gold depending on how things unfold globally.

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